Ripple Partner SBI Completes Takeover of Japanese Exchange Bitbank
SBI Holdings has taken full ownership of Bitbank on Oct. 1, folding one of Japan’s busiest XRP markets into one of Ripple’s oldest partners in Asia. The Deal The final share transfer went through on Oct. 1, making Bitbank a wholly owned subsidiary of SBI. The price tag was approximately $290 million (¥46.7 billion), the […]
Key Takeaways
- SBI Holdings has taken full ownership of Bitbank on Oct.
- 1, folding one of Japan’s busiest XRP markets into one of Ripple’s oldest partners in Asia.
- The Deal The final share transfer went through on Oct.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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